Q. Some employees had some leftover money in their FSA at the end of the year. Can I give those employees back their unused withholdings as taxable income?
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PrimePay is fortunate to work with Karyn Ross, co-author of "The Toyota Way to Service Excellence," to implement LEAN practices to improve daily functions. In a nutshell, LEAN is the process that Toyota uses to make cars efficiently.
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Fact: No one likes forms. Part of your role in human resources (whether you do it yourself or are fortunate to have an expert on staff) is to make the process human. If possible, try not to make the first day ALL about forms.
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As health savings accounts (HSAs) become an increasingly popular health plan offering, I’ve been seeing more questions come up as it relates to the Consolidated Omnibus Budget Reconciliation Act (COBRA).
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For small businesses, the power of relationships in the mess of it all is truly irreplaceable. One such relationship that many rely on is that of their benefits broker, like Bouchey & Clarke.
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